Variantyx Raises $36M for Technological Expansion and Commercial Growth

Variantyx Raises $36M in Funding

Key Highlights:

• Funding Round: Variantyx, a molecular diagnostics company, raised $36 million in funding.
• Investors: Peregrine Ventures, Pitango HealthTech, New Era Capital Partners, and Bosch Ventures participated in the funding round.
• Total Investment: The funding brings the total amount invested in Variantyx to over $125 million.
• Expansion Plans: Variantyx aims to use the funds to expand technologically and commercially, providing genome-based care to a larger patient population.

Variantyx's Target Market

• Genetic Disorders and Reproductive Health: Variantyx's solutions cater to individuals seeking genetic disorder diagnostics and reproductive health services.
• Precision Oncology: Variantyx's platforms also serve the precision oncology market, providing personalized treatment recommendations based on genetic analysis.
• Healthcare Providers and Clinicians: Collaborations with healthcare providers and clinicians looking to enhance diagnostic capabilities and offer personalized treatment options.

What Variantyx Needs to Buy

• Technological Advancements: Investments in research and development to enhance their whole genome analysis platforms and diagnostic capabilities.
• Commercial Expansion: Marketing and sales services to expand their customer base and reach a larger number of patients.
• Partnerships and Collaborations: Collaborations with research institutions and healthcare providers to further advance genomic-based care.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.